Home Loan Protection Plan Premium Calculator

Calculate mortgage insurance premiums, PMI costs, and protection plan expenses for your home loan.

Protection Plan Premium Calculator
Calculate mortgage insurance and protection plan costs

Use our mortgage calculator to estimate protection plan premiums

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Protection Plan Types
  • PMI: Private mortgage insurance
  • FHA MIP: FHA mortgage insurance
  • VA Funding Fee: VA loan protection
  • USDA Guarantee: USDA loan fee
Example: $300,000 Loan

PMI (0.5% annually)

$1,500/year

$125/month

FHA MIP (0.85% annually)

$2,550/year

$212.50/month

Rates vary by credit score
Protection Plan Premium Factors

Loan-to-Value Ratio

The higher your LTV ratio, the higher your protection plan premium. Premiums decrease as you build equity in your home.

Credit Score Impact

Borrowers with higher credit scores typically pay lower protection plan premiums. A 50-point credit score improvement can significantly reduce costs.

Loan Type

Different loan types have different protection plan requirements. FHA loans have MIP, conventional loans have PMI, and VA loans have funding fees.

Calculate Your Protection Plan Premium

Use our mortgage calculator to estimate your protection plan premiums and total monthly payment.

Start Calculating